Competition in electricity distribution
AbstractThe traditional view of electricity distribution is that it is a natural monopoly. Few authors have explored the question as to whether electricity distributors truly are natural monopolies or not, while observation of the current industrial practice tends to suggest that a "market" for distribution activities does actually exist. This is a paradox for a natural monopoly. Our explanation is that monopoly characteristics well characterise the network infrastructure, but not the network operation service.
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Bibliographic InfoArticle provided by Elsevier in its journal Utilities Policy.
Volume (Year): 16 (2008)
Issue (Month): 4 (December)
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Web page: http://www.elsevier.com/locate/inca/30478
Natural monopoly Competition Organizational change Regulation;
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